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BoC Opens the Door to Rate Hikes: What It Means for Your Mortgage

  Published September 4, 2026 The Bank of Canada held its policy rate at 2.25% on September 2 — the seventh straight hold — but Governor Tiff Macklem didn't sound like a central banker done for the year. He told reporters the Bank is "prepared to raise interest rates, and if it takes more than one increase, we're prepared to do that," if inflation stays too high. That's a real shift in tone, and it lands right as a wave of Canadians hit their mortgage renewal date. Here's what changed, who's forecasting what, and what it actually means for your payment. Why the Bank Suddenly Sounds Hawkish Canada's annual inflation rate has climbed to around 3% — a full point above the Bank's 2% target — and the Bank is pointing squarely at energy prices. Oil has stayed elevated because of the Iran conflict and disruption near the Strait of Hormuz, pushing gas prices up and dragging headline CPI with it. Core inflation, which strips out food and energy, is still s...
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Measles Resurgence in Ontario: Protect Your Family Now

 

Ontario is witnessing a concerning resurgence of measles, a highly contagious yet preventable disease. With over 370 reported cases, including hospitalizations, the outbreak is primarily affecting unvaccinated individuals. Measles spreads through airborne droplets and can linger in the air for hours, making it one of the most infectious viruses.


Symptoms to Watch For:

  • High fever
  • Red, blotchy rash
  • Cough and runny nose
  • Red, watery eyes

How to Protect Yourself and Your Family:

1. Vaccination: Ensure everyone in your household is up-to-date with the Measles, Mumps, and Rubella (MMR) vaccine. Two doses provide near-total protection.

2. Check Immunization Records: Adults unsure of their vaccination status should consult their healthcare provider.

3.  Avoid Exposure: If you suspect measles, call your doctor before visiting to prevent spreading the virus.

4. Practice Hygiene: Regular handwashing and avoiding close contact with sick individuals can reduce risk.

Measles can lead to severe complications, especially in children and immunocompromised individuals. By staying informed and proactive, you can help curb the spread of this preventable disease.

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